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Article #84: 7 key guidelines for investing in a watch

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I 'm sure you have all heard of record For a watch to be unique , the watchmaker
breaking prices of vintage watches at should design and manufacture most of
auctions and are considering making an the different parts rather than simply
investment in watches. The phenomenal source components from another supplier.
success of quartz watches in the The watch should be of high quality. It
seventies and eighties drove up values of should have a quality movement.
old mechanical watches as they became Look at the case finish and design too.
rarer. Check out the innovation in the watch.
It is this enthusiasm for mechanical Collectors are also interested in
watches that has spur manufacturers to complications such as Perpetual Calendar,
come up with new innovation in mechanical tourbillon, moon phases, power reserve
watches. indicator and day and night indicator.
So how do you choose a mechanical watch These are extra features besides the
that will not only hold its value but standard time telling. Perpetual calender
also rise in value? accurately keeps track of the day, date,
Buy a brand which is reputable and has a month and year. You do not have to worry
long history of preferably at least a whether the date is correct and set the
century old. correct date. Tourbillon is one of the
Check with auction sites and used watch most complicated components in watches
dealers and find out the value of a 5 which minimizes timekeeping errors caused
year model. Is it worth any value? How by gravity.
about older ones? Are they worth more The appreciation in value in mechanical
than the new models? If yes, then this watches is not as quick as other forms of
brand may have good investment potential. investment. You should treat it as a long
Omega watches , Corum watches, Concord term investment. A investor wouldn't buy
watches and IWC watches are brands which a watch today and sell it off the next
have models that appreciate in value in day.
time.Whether a time piece appreciates in Potential watch investor should also know
value depend on the simple law of that value of a watch is dependent on the
economics. The rarer it is the more amount a buyer is willing to buy. In
highly prized it is. That's why rarity is other words, a watch is worth only as
so important. A reputable manufacturer much as a buyer is willing to pay for it.
can issue a special edition with only a Therefore it is very important that you
limited number of watches available, like the watch and has emotional and
preferably of less than 100. sentimental value to you.
Going deeper into this issue there may be Lastly, you have to take good care of
many different brands but they may buy your watch and maintain it too . Remember
the watch movement supplied by one main to keep all the papers and documents too.
supplier which means in essence they are You can buy watches as investments.
basically the same watch.






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